Civic Intelligence

Hay Center Foundation

990 • Fiscal year 2020 • EIN 47-5122077

Oct 01, 2019 to Sep 30, 2020 • Filed on Jun 29, 2021

1216 West Clay StreetHouston, TX 77019

(832) 927-7000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$67,735

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

9th percentile

-9.2%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-54%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,533,015

Down $155,897 (-9.2%) from 2019

Net Assets

Down

$1,532,275

Down $151,484 (-9.0%) from 2019

Liabilities

Down

$740

Down $4,413 (-86%) from 2019

Revenue

Down

$408,410

Down $486,961 (-54%) from 2019

Expenses

Up

$559,894

Up $45,662 (+8.9%) from 2019

Net Income

Down

-$151,484

Down $532,623 (-140%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2016: $757,870Liabilities 2016: $0Net Assets 2016: $757,8702016Assets 2017: $1,454,007Liabilities 2017: $4,263Net Assets 2017: $1,449,7442017Assets 2018: $1,380,772Liabilities 2018: $78,152Net Assets 2018: $1,302,6202018Assets 2019: $1,688,912Liabilities 2019: $5,153Net Assets 2019: $1,683,7592019Assets 2020: $1,533,015Liabilities 2020: $740Net Assets 2020: $1,532,2752020Assets 2021: $2,849,365Liabilities 2021: $716,350Net Assets 2021: $2,133,0152021Assets 2022: $5,125,758Liabilities 2022: $1,262Net Assets 2022: $5,124,4962022Assets 2023: $4,565,937Liabilities 2023: $2,885Net Assets 2023: $4,563,0522023Assets 2024: $3,741,148Liabilities 2024: $14,804Net Assets 2024: $3,726,3442024

Highlighted filing

2020

Assets$1,533,015
Liabilities$740
Net Assets$1,532,275

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2016: $891,641Expenses 2016: $133,771Net Income 2016: $757,8702016Revenue 2017: $686,420Expenses 2017: $184,546Net Income 2017: $501,8742017Revenue 2018: $263,812Expenses 2018: $410,936Net Income 2018: -$147,1242018Revenue 2019: $895,371Expenses 2019: $514,232Net Income 2019: $381,1392019Revenue 2020: $408,410Expenses 2020: $559,894Net Income 2020: -$151,4842020Revenue 2021: $1,092,300Expenses 2021: $491,560Net Income 2021: $600,7402021Revenue 2022: $3,248,257Expenses 2022: $256,776Net Income 2022: $2,991,4812022Revenue 2023: $660,459Expenses 2023: $1,221,903Net Income 2023: -$561,4442023Revenue 2024: $1,393,536Expenses 2024: $2,230,302Net Income 2024: -$836,7662024

Highlighted filing

2020

Revenue$408,410
Expenses$559,894
Net Income-$151,484
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jun 29, 2021
Return Version
2019v5.0
Gross Receipts
$408,410
Mission and Program Overview

Mission

Empowering current and former foster youth to be successful productive adults through training, employment and personal achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,357,326$1,109,404▼ $247,922
Cash and Non-Interest-Bearing Accounts$134,371$280,231▲ $145,860
Pledges and Grants Receivable$60,100$0▼ $60,100
Accounts Receivable$20,204$0▼ $20,204
Prepaid Expenses and Deferred Charges$80,000$6,470▼ $73,530
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,688,912$1,533,015▼ $155,897
Other Assets Total$36,911$136,910▲ $99,999
Liabilities
Accounts Payable and Accrued Expenses$5,153$740▼ $4,413
Total Liabilities$5,153$740▼ $4,413
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,602,345$1,473,240▼ $129,105
Net Assets With Donor Restrictions$81,414$59,035▼ $22,379
Total Net Assets Fund Balance$1,683,759$1,532,275▼ $151,484
Total Liabilities and Net Assets / Fund Balance$1,688,912$1,533,015▼ $155,897

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$100,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary GreenExecutive DirectorPT$67,735$67,735

Board Members and Trustees

NameTitle
Niko LorentzatosChair
Michael LactsonFinance Chair
Andy DrumhellerVice Chair
B Edward WilliamsonDirector
Brent SpragginsDirector
Chad BeckDirector
Janet DietrichDirector
Jeff JudahDirector
Jo Ellen SweenyDirector
John MoozDirector
Kevin GruberDirector
Krissi ReidDirector
Linda MadekshoDirector
Reggie PeppersDirector
Rick SpencerDirector
Tom GanucheauDirector
Linda HesterSecretary
Leila GuillenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$400,432
Program Service Revenue
$0
Investment Income
$7,978
Other Revenue
$0
All Other Contributions
$400,432
Change in Net Assets
$-151,484

Audited Revenue Reconciliation

Revenue per Audited Statements
$408,410
Revenue Not Reported on Form 990
$178,829
Total Revenue per Audited Statements
$587,239
Total Revenue per Form 990
$408,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$323,611
Salaries, Compensation, and Employee Benefits$130,000
Other Expenses$106,283
Total Fundraising Expense$35,465
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$323,611--$323,611
Other Salaries and Wages$76,173$14,864$29,726$120,763
Fees for Services Other-$26,000-$26,000
Fees for Services Accounting-$25,797-$25,797
Payroll Taxes$5,827$1,136$2,274$9,237
Conferences and Meetings$4,978--$4,978
Office Expenses-$3,774-$3,774
Advertising-$3,121-$3,121
Information Technology-$1,105$1,200$2,305
Insurance-$1,166-$1,166
Other Expenses$383-$2,265$383
Total Functional Expenses$447,466$76,963$35,465$559,894

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$738,723
Expenses per Audited Statements$559,894
Total Expenses per Form 990$559,894
Expenses Not Reported on Form 990$178,829
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Each Board member receives a copy of the 990 and underlying financial statements. Each member is asked to review the return and respond with any questions, changes or comments before filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All Board members read and sign a conflict of interest policy annually. Should a conflict arise, conflicted board members are recused from voting on matters in conflict.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Harris County Protective Services (HCPS) provides an in-kind contribution of a portion of two staff including the Executive Director. The Executive Directors compensation is determined by the Harris County salary administration policy.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request.

Filing and Contact Details

Filer

Filer Name
HAY Center Foundation
EIN
47-5122077
Phone
8329277000
Address
1216 West Clay Street, Houston, TX 77019

Signing Officer

Name
Niko Lorentzatos
Title
Chair
Signed
2021-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Green
Formed
2015
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
4
Volunteers
105

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Youth Engagement and Enhanced Life Skills Workshops allow youth to have a voice at the table, interact with HAY Center staff and volunteers and learn much needed life skills. Enhanced life skills include financial literacy, job readiness, parenting, meal preparation, housing and other areas identified by our youth. Holiday Event is a December celebration where former foster youth and their family of choice attend a fun filled event while connecting with adults outside the CPS system. Youth are often disconnected from family and have no place to celebrate special times of the year. This is where the HAY Center and staff step in to fill the void.Prom Preparation Event helps high school students in foster care get prepared for proms an evening they might not otherwise be able to afford. Matched with volunteer shoppers, youth are mentored through shopping and life skills needed when attending a special event.Peer Leadership/Peer Support is an opportunity for youth to come together to learn about a variety of topics such as auto purchasing, car repair, tenant rights, civil rights and an opportunity to provide staff with feedback regarding programming and services.

Form 990, Part V, Lines 1A, 2A - Other IRS Filings

Harris County Protective Services for Children and Adults (HCPS) has an employee sharing arrangement with the HAY Center Foundation a portion of the employee cost are reimbursed to HCPS. HCPS files all Forms 1099 and W-2 for the HAY Center Foundation.

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IRS990/ProgSrvcAccomActy2Grp/Desc0The TRANSITION COACHING program matches a caring, responsible adult volunteer with a youth who is preparing to "age out" of the foster care system. The coach helps the youth develop a transition plan as they explore options for higher education and/or employment. The goal is to lessen the risk these youth so often face: homelessness, unemployment, early parenthood, or criminal records. For the year ended 9/30/2020, there were 59 active matches of volunteers and youth.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Youth Engagement and Enhanced Life Skills Workshops allow youth to have a voice at the table, interact with HAY Center staff and volunteers and learn much needed life skills. Enhanced life skills include financial literacy, job readiness, parenting, meal preparation, housing and other areas identified by our youth. Holiday Event is a December celebration where former foster youth and their family of choice attend a fun filled event while connecting with adults outside the CPS system. Youth are often disconnected from family and have no place to celebrate special times of the year. This is where the HAY Center and staff step in to fill the void.Prom Preparation Event helps high school students in foster care get prepared for proms an evening they might not otherwise be able to afford. Matched with volunteer shoppers, youth are mentored through shopping and life skills needed when attending a special event.Peer Leadership/Peer Support is an opportunity for youth to come together to learn about a variety of topics such as auto purchasing, car repair, tenant rights, civil rights and an opportunity to provide staff with feedback regarding programming and services.
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